BP to ‘Reset’ Strategy After Pressure From Investors, C.E.O. Says
The energy giant was vague on details, but analysts say the changes will likely include less spending on renewable sources ...
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
BP’s Profit Falls More Than Expected; Announces $1.75 Billion Share Buyback
BP’s profit fell more than expected as weak refining margins dragged on its results but the British energy major still ...
BP Faces Declines in EPS, Revenue
BP fell short of estimates with its fourth-quarter earnings, pointing to ongoing challenges amid its energy transition.
FTSE 100 Live 11 February: BP strategy reset in focus after profits fall, Entain shares slide on CEO exit
A four-year low for BP quarterly profits today heightened the focus on the oil giant’s plans for a major strategy reset.
BP now stands for ‘Best Partitioned’
BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...